margin category definition

margin category means the margin category, expressed as a percentage of the initial margin or settlement margin, which is allocated to a non-resident or emigrant client by the member when the non-resident or emigrant client is registered;
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margin category means the margin category, expressed as a percentage of the initial margin, which is allocated to a non-resident client by the exchange member when the non-resident client is registered;“Market Improvement Fund”means the JSE Clear Market Improvement Fund, established in terms of rule2.10 of these rules;“market infrastructure”has the same meaning as that contained in Section 1 of the Act;"mark-to-market"means the revaluation of a position in the exchange contract at its current market value;“non-bank clearing member”means a clearing member that is not also a bank;"non-resident"means a person (i.e. a natural person or legal entity) whose normal place of residency or domicile or registration is outside the common monetary area;"non-resident account"means the account of a non-resident;"non-resident client"means a non-resident who has been registered by JSE Clear as a non-resident client of an exchange member;"officer"means an executive director or a registered officer of a clearing member;“option contract"means a put option contract or a call option contract, as the context may require;“participant”has the same meaning as that contained in Section 1 of the Act;"physically settled futures contracmeans a futures contract contemplated in part (a) of the definition of a futures contract in this rule 1.1;"position"means either a long position or a short position;"prescribed agreements"means the agreements, the basic terms and formal requirements of which have been specified by JSE Clear;"proprietary position"means a position registered by JSE Clear in the name of an exchange member for the exchange member's own account;
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margin category means the margin category, expressed as a percentage of the initial margin or settlement margin, which is allocated to a non-resident client by the member when the non-resident client is registered;"Market Controller"means the person appointed by the JSE, to supervise, administer and control the daily operations of the JSE trading system;“Market Maker”means a trading member which is an Authorised Dealer and which has been granted approval by the Exchange Control Department of the Reserve Bank to act as a market maker in currency derivatives;1"mark-to-market"means the revaluation of a position in an IRC security to its current market value;"match"means the matching of a buy order with a sell order on the central order book or the matching of off book transactions executed by trading members;“matched principal”means a transaction in bonds which is facilitated by a trading member (including but not limited to an IDB), in terms of which the facilitating trading member-(a) trades with or on behalf of two other trading members or on behalf of a client and another trading member;(b) does not disclose the identity of the two counterparties to each other; and(c) reports to the JSE trading system a purchase transaction and a sale transaction with or on behalf of the two counterparties through the trading member’s stock account;"member "means an interest rate and currency member, which is a category of authorised user admitted to membership of the JSE under these rules;"member application"means an electronic system used by a trading member to submit orders to the JSE trading system;"member settled client"means a client who has appointed a trading member to settle transactions in bonds on his behalf via the CSDP of the trading member;“name give-up”means a transaction in bonds which is facilitated by a trading member(including but not limited to an IDB), in terms of which the facilitating trading member-
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Related to margin category

  • Rating Category means one of the generic rating categories of any Rating Agency without regard to any refinement or gradation of such rating by a numerical modifier or otherwise.

  • Price Category means the price category and associated eligibility criteria referred to in Schedule 7 that determine the Price(s) that apply to an ICP;

  • eligible Category means Category (1) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;

  • Transaction Category means the particular type of repurchase transaction effected hereunder, as determined with reference to the term of the transaction and the categories of Securities that constitute Eligible Securities therefor, which term shall include FICASH I Transactions, FICASH II Transactions, FICASH III Transactions, FITERM I Transactions, FITERM II Transactions, FITERM III Transactions, and such other transaction categories as may from time to time be designated by the Funds by notice to Seller, Custodian and Repo Custodian.

  • Highest Rating Category means, with respect to an Eligible Investment, that the Eligible Investment is rated by S&P or Moody’s in the highest rating given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax-exempt municipal debt established by S&P is “A-1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG-1” (for fixed rate) or “VMIG-1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (a) the Bonds are not rated, (b) both S&P and Moody’s rate an Eligible Investment and (c) one of those ratings is below the Highest Rating Category, then such Eligible Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, an Investment rated “AAA” by S&P and “Aa3” by Xxxxx’x is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that rating agency, then the Eligible Investment will be deemed to be rated below the Highest Rating Category. For example, an Eligible Investment rated “AAA” by S&P and “A1” by Xxxxx’x is not rated in the Highest Rating Category.

  • Issue Type Category means, with respect to a Municipal Obligation acquired by the Fund, for purposes of calculating S&P Eligible Assets as of any Valuation Date, one of the following categories into which such Municipal Obligation falls based upon a good faith determination by the Fund: health care issues (including issues related to teaching and non-teaching hospitals, public or private); housing issues (including issues related to single- and multi-family housing projects); educational facilities issues (including issues related to public and private schools); student loan issues; transportation issues (including issues related to mass transit, airports and highways); industrial development bond issues (including issues related to pollution control facilities); public power utilities issues (including issues related to the provision of electricity, either singly or in combination with the provision of other utilities, and issues related only to the provision of gas); water and sewer utilities issues (including issues related to the provision of water and sewers as well as combination utilities not falling within the public power utilities category); special utilities issues (including issues related to resource recovery, solid waste and irrigation as well as other utility issues not falling within the public power and water and sewer utilities categories); general obligation issues; lease obligations (including certificates of participation); Escrowed Bonds; and other issues (“Other Issues”) not falling within one of the aforementioned categories. The general obligation issue category includes any issuer that is directly or indirectly guaranteed by the State or its political subdivisions. Utility issuers are included in the general obligation issue category if the issuer is directly or indirectly guaranteed by the State or its political subdivisions. Municipal obligations in the utility issuer category will be classified within one of the three following sub-categories: (i) electric, gas and combination issues (if the combination issue includes an electric issue); (ii) water and sewer utilities and combination issues (if the combination issues does not include an electric issue); and (iii) irrigation, resource recovery, solid waste and other utilities, provided that Municipal Obligations included in this sub-category (iii) must be rated by S&P in order to be included in S&P Eligible Assets. Municipal Obligations in the transportation issue category will be classified within one of the two following sub-categories: (i) streets and highways, toll roads, bridges and tunnels, airports and multi-purpose port authorities (multiple revenue streams generated by toll roads, airports, real estate, bridges); (ii) mass transit, parking seaports and others.

  • eligible Categories means Categories (1), (2) and (3) set forth in the table in paragraph 1 of Schedule 1 to this Agreement;

  • Clinical categories means the groups into which hospital treatments are categorised by type, e.g., brain and nervous system, kidney and bladder, and digestive system. At the time of writing there were 38 categories in the Medicare clinical categories system.

  • Product Category means the applicable category which best describes the product as listed in this Section 94508.

  • Special Category Data means any personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person's sex life or sexual orientation.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Category 3 means those affected lands and support facilities if those lands supported operations which were not completed or substantially completed prior to July 1, 1973 (the effective date of the Wyoming Environmental Quality Act) and any affected lands or support facilities taken out of use on or after July 1, 1973 and before May 25, 1975 (the effective date of the Division’s 1975 Rules and Regulations).

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Obligation Category means Payment, Borrowed Money, Bond, Loan, or Bond or Loan, only one of which shall be specified in the Standard, and:

  • Highest Required Investment Category (i) With respect to ratings assigned by Moody’s, “Aa2” or “P-1” for one month instruments, “Aa2” and “P-1” for three month instruments, “Aa3” and “P-1” for six month instruments and “Aa2” and “P-1” for instruments with a term in excess of six months, (ii) with respect to rating assigned by S&P, “A-1” for short-term instruments and “A” for long-term instruments, and (iii) with respect to rating assigned by Fitch (if such investment is rated by Fitch), “F-1+” for short-term instruments and “AAA” for long-term instruments.

  • Margin Call has the meaning specified in Section 6(a) hereof.

  • Category A means the relevant information which shall be included in the base prospectus. This information cannot be left in blank for later insertion in the final terms;

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • Special Categories of Data means personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, and the processing of genetic data, biometric data for the purpose of uniquely identifying a natural person, data concerning health or data concerning a natural person's sex life or sexual orientation;

  • Category 2 Training: This category includes services related to training state employees to understand and apply Agile concepts and tools.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Applicable ABR Margin means, at any date:

  • Category Fee Schedules Equity Funds Schedule 1 Funds: Equity Growth Fund Global Gold Fund Global Natural Resources Fund Income & Growth Fund Utilities Fund Category Assets Fee Rate First $1 billion 0.5200% Next $5 billion 0.4600% Next $15 billion 0.4160% Next $25 billion 0.3690% Next $50 billion 0.3420% Next $150 billion 0.3390% Thereafter 0.3380% Schedule 2 Funds: Small Cap Quantitative Fund Category Assets Fee Rate First $1 billion 0.7200% Next $5 billion 0.6600% Next $15 billion 0.6160% Next $25 billion 0.5690% Next $50 billion 0.5420% Next $150 billion 0.5390% Thereafter 0.5380% Dated: July 1, 2002 Exhibit D Complex Fee Schedule Complex Assets Fee Rate First $2.5 billion 0.0600% Next $7.5 billion 0.0500% Next $15.0 billion 0.0485% Next $25.0 billion 0.0470% Next $50.0 billion 0.0460% Next $100.0 billion 0.0450% Next $100.0 billion 0.0440% Next $200.0 billion 0.0430% Next $250.0 billion 0.0420% Next $500.0 billion 0.0410% Thereafter 0.0400% Dated: July 1, 2002

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.